2011 April « The Philly Pretzel

Archive for April, 2011

Friday’s Links

April 22, 2011 at 10:41 am · Filed under YO Philly

Just a collection of random stories and articles from the week that we found interesting and thought we’d share.

2 women wage tireless war to halt Point Breeze townhouses (Daily News)

Boardwalk And South Street Ramp (Naked Philly)

Fishtown Shad Fest (shadfestdotorg)

Proposal for 3,000-patron live music venue in Fishtown heads to City Council (Plan Philly)

Ride the Duck returs to Delaware River (Plan Philly)

Existing-home sales perked up in March (MSNBC)

Mortgage denied: Sometimes, for no good reason (CNN Money)

Foreclosures: Is the Worst Behind Us? (National Association of Realtors)

New Philly Ad Woos Lesbians (G Philly)

HOW MUCH IS MY HOME WORTH

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Passyunk Square Neighborhood Find

April 9, 2011 at 11:42 am · Filed under Neighborhood Finds, Passyunk Square, Philly Pix

El Jarocho located @ 13th and Ellsworth St in the Passyunk Square neighborhood is a great spot for lunch. Make sure you go on off hours as the seating is limited. Try the tacos de lengua con quesco fresco and wash them down with a glass of refreshing horchata – a drink made of rice, almonds, cinnamon, lime zest and sugar.

Open daily 9am to 11pm.

phillypix

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Will Spring Thaw the Frozen Philadelphia Real Estate Market?

April 6, 2011 at 4:55 pm · Filed under For Home Buyers, For Home Sellers, Philadelphia Market Conditions

Get the real story about the Philly real estate market.

The spring home selling season is usually under way by Super Bowl Sunday, but it got a late start this year between the weather and the economy. This wait and the fear of rising interest rates seem to have released the pent-up demand among buyers who have been out in droves lately. We should start to see the back-log of inventory decline for well- priced house that are updated to today’s standards. Buyers’ expectations are also greater. Buyers in today’s market are a lot less willing to commit to homes that need work.

SELLERS: Pricing your Philadelphia home correctly from the beginning is vital. However the spring market may present a new opportunity to aggressive re-price and move a floundering property.

(click on graph for larger view)

HOW MUCH IS MY HOME WORTH

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Potentially Related Posts:

Philadelphia House Prices Currently Back to 2003 Levels
Philadelphia Real Estate: Strong Buyers’ Market Persists
How’s the Philadelphia Real Estate Market?

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Philadelphia Real Estate Taxes in the News

April 1, 2011 at 1:34 pm · Filed under For Home Buyers, For Home Sellers, YO Philly

courtesy of Fix Philly Taxes

In 1981 the Mayor and City Council of Philadelphia entered into a political “deal” that was supposed to correct the systemic problems by equalizing property values over six years. Over 25 years have passed since the court-ordered deadline in their agreement…and still the system has not been fixed.

I think we all agree that the real estate tax system in Philadelphia is broken. Attempts at fixing the inequities have been by and large dismal failures. With the recent “temporary” tax increase and the Actual Value Initiative on the horizon there has been lots of discussion this week in the news.

Daily News Editorial: Property taxes: Getting past crazy

Philadelphia must justify property-tax projections

Nutter, Council pull off tax-hike switcheroo

Inquirer Editorial: Smells like a tax hike

This Is A Temporary Tax Hike, Right?

Philadelphia eyes a boost in real estate tax revenue

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